Building & Engineering
Ever Glory completes $31.5m acquisition of Guthrie Engineering
Ever Glory completes $31.5m acquisition of Guthrie Engineering
The payment for the acquisition will be made in two tranches.
Civmec completes acquisition of Luerssen Australia
The acquisition was funded from Civmec’s existing cash reserves.
Civmec acquires shipbuilder Luerssen Australia in $16.7m deal
The deal is expected to be completed by 1 July 2025.
Changi Airport taps MHI for APM system renewal
Construction is scheduled to be completed in 2030.
ST Engineering divests US-based unit for $371m
The net proceeds of $316m (US$246m) will be used for debt payment.
Singapore construction prices to rise up to 2% in 2025: report
Overall cost growth in the sector is likely to remain slower than in 2024 due to macroeconomic uncertainty.
COTD: Civil, institutional projects to drive construction growth in 2025
The Institutional & Others segment is set to hit $17b in 2025, up 45.3% YoY.
BBR Holdings bags $220m new contracts
The projects will commence in June 2025.
Boustead Singapore reviews assets for possible REIT listing on SGX
There is no guarantee that any transaction will materialise.
ISOTeam launches $20m multicurrency commercial paper facility programme
It will be listed on the SDAX Platform operated by SDAX Exchange.
Building owners told to phase retrofits over 3 years
Chiller replacements and system upgrades cost $150,000 to over $2m.
Alpina Holdings in private talks over possible share deal
Shareholders are advised to exercise caution when dealing in the shares.
Wee Hur Holdings launches $500m multicurrency medium term note programme
Proceeds will be used for general corporate purposes.
OKP bags $258.3m contract to construct cycling paths in the east region
The construction is expected to be completed by 26 May 2031.
JTC awards Tukang Innovation Drive site in $81.9m tender
The tender, which was launched on 31 December 2024 and closed on 8 April 2025, attracted five bids in total.
KSH Holdings narrows net loss by 80% in FY2025
Net loss dropped to $5.9m from $31m last year.
Ley Choon’s net profit soars by 32.8% to $14.5m in FY2025
This was driven by a more favourable project mix and stronger project-level profitability.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape